Cypress Reports Fourth Quarter and Year-End 2016 Results

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Needham & Company Reiterates Buy on Cypress Semiconductor (CY) Following 4Q Report

February 3, 2017 8:49 AM EST

Needham & Company reiterated a Buy rating and $14.00 price target on Cypress Semiconductor (NASDAQ: CY) following the company's 4Q earnings report. Fourth quarter revenue came in at $530.2MM compared to the $525.7MM consensus estimate. For 1Q CY management expects revenue in the range... More